Background

Morpho

Morpho is a Lending protocol.

It is a lending pool optimizer and can be seen as a peer-to-peer layer on top of lending pools like Compound or Aave. Rates are seamlessly improved for suppliers and borrowers while preserving the same liquidity and risk parameters.

In short:

- Morpho AaveV2 Optimizer is an upgraded version of Aave V2.

- Morpho AaveV3-ETH Optimizer is an upgraded version of Aave V3 ETH e-mode.

- Morpho CompoundV2 Optimizer is an upgraded version of Compound V2.

As such, Morpho enhances your rates while preserving the same user experience, the same liquidity, and the same risk parameters as the underlying protocols

Integrationstwitter

Ledger Live Integrates Morpho for Enhanced Yield Generation

Thu 21st Aug 2025
Ledger Live has integrated Morpho's lending protocol to offer secure yield generation directly within the platform. - Users can now earn stablecoin yields without compromising security - Integration powered by Morpho and facilitated by Kiln Finance - Maintains same liquidity and risk parameters as traditional lending pools - Offers improved rates for suppliers and borrowers The integration represents a significant step towards making DeFi yields more accessible while maintaining hardware wallet security standards.
Community article

Bitpanda and Gemini Launch DeFi Wallets with Morpho Integration

Thu 14th Aug 2025
Two major crypto platforms have integrated Morpho's lending protocol into their DeFi wallets: - **Bitpanda DeFi Wallet** now offers yield on USDC, USDT, EURC, and ETH through Morpho Vaults, integrated via Kiln DeFi - **Gemini Wallet** enables users to earn through curated lending vaults at [onchain.gemini.com](http://onchain.gemini.com) Both integrations allow millions of users to access on-chain yields while maintaining custody. Deposits and earning can be initiated with just a few taps through their respective platforms. These launches represent significant steps in making DeFi lending more accessible to mainstream users.
Community article

Morpho Labs Achieves Major Milestone in DeFi Integration

Mon 18th Aug 2025
Morpho Labs has reached a significant milestone in DeFi-fintech integration, with $800M in total loan originations and $600M+ in active loans. This represents the largest such integration to date. The platform's Bitcoin-backed loans recently surpassed $500M in collateral, with loan originations growing from $100M to $300M+ in a single month. Key highlights: - Record-breaking $800M in total loan originations - $600M+ currently active loans - $500M+ in Bitcoin collateral - Significant monthly growth trajectory The integration exemplifies the DeFi mullet concept: user-friendly frontend powered by DeFi backend, allowing seamless access to onchain finance without technical expertise. [Get started with Coinbase loans](https://www.coinbase.com/loans)

Morpho Reaches $6B TVL Milestone

Mon 4th Aug 2025
Morpho's lending protocol optimization platform has maintained over $6 billion in Total Value Locked (TVL) and $9 billion in total deposits since August 1st, 2025. This represents significant growth from $2.5 billion TVL reported in mid-July 2025. The protocol, which enhances rates on major lending platforms while maintaining their risk parameters, has shown consistent growth in adoption across its optimizers for AaveV2, AaveV3-ETH, and CompoundV2. - TVL growth: $2.5B → $6B+ in ~2 weeks - Total deposits: $9B+ - Sustained levels since August 1st This rapid expansion demonstrates increasing user confidence in Morpho's lending pool optimization technology.

Morpho Launches on World App with $5M Rewards Campaign

Mon 28th Apr 2025
**Morpho** has integrated with the World app, enabling 25M+ users to access crypto-backed loans and onchain yield directly through the platform. Key features: - Easy deposit, borrowing, and asset management via Morpho Mini App - Advanced features accessible through okutrade frontend - Mobile-first experience from joinlegend - Built-in bridging functionality - Initial vaults: USDC, WETH, ezETH, WBTC, and WLD A $5M rewards campaign launches today for lending and borrowing activities, marking Morpho's largest launch campaign to date. This follows Morpho's recent integration as Trust Wallet's default earn engine.

Maple Finance Integrates with Morpho for Enhanced SyrupUSDC Borrowing

Thu 27th Mar 2025
Maple Finance has integrated with Morpho Labs to enable borrowing against SyrupUSDC. The new feature is now live with USDC borrowing available through Gauntlet and MEV Capital vaults. Key features: - Supply SyrupUSDC as collateral (~11-12% yield) - Borrow USDC at ~56% rate - Mint new SyrupUSDC - Potential for ~5% additional yield per cycle Users can access the borrowing feature at [Morpho's platform](https://app.morpho.org/ethereum/market/0x729badf297ee9f2f6b3f717b96fd355fc6ec00422284ce1968e76647b258cf44/syrupusdc-usdc).

Morpho Launches Explore Feature and Expands to Multiple Chains

Thu 13th Feb 2025
Morpho has launched its Explore feature on the Morpho App, providing enhanced protocol metrics and vault information in one centralized location. The protocol continues its multichain expansion with new deployments on: - Unicorn Chain - Mode Network - Hemi - Corn - Sonic Labs These infrastructure-only deployments include core smart contracts but require DAO approval for frontend support and MORPHO rewards. Recent developments: - Became largest lending protocol on Base - Awarded 198,000 MORPHO to 11 teams in pilot grant program - Released refreshed app with improved backend architecture - Implemented Pre-Liquidations for enhanced loan management [Try Explore now](https://app.morpho.org/ethereum/explore)

Morpho Becomes Leading Lending Protocol on Base Network

Mon 3rd Mar 2025
Morpho has achieved a significant milestone by becoming the largest lending protocol on Base network, measured by active loans. The protocol, which optimizes lending pools through a peer-to-peer layer, operates on top of established platforms like Compound and Aave. Morpho's key features: - Seamless rate improvements for users - Maintains same liquidity and risk parameters as underlying protocols - Operates optimized versions of AaveV2, AaveV3-ETH, and CompoundV2 The protocol's growth on Base demonstrates increasing adoption of optimized DeFi lending solutions.

Morpho Expands to Multiple Chains with Infrastructure Deployments

Thu 30th Jan 2025
**Morpho has expanded to seven new chains** including Polygon POS, World Chain, Ink, Arbitrum, Scroll, Fraxtal, and OP Mainnet. Key points: - Infrastructure-only deployments without initial Morpho App support or MORPHO rewards - Can transition to core deployments with DAO approval - Independent builders encouraged to develop on these chains - Includes full suite of smart contracts including Vaults 1.1 and Oracles Security features: - Audited by SpearbitDAO and OpenZeppelin - Formal verification by CertoraInc - $2.5M bug bounty program *Future deployments will focus on chains with confirmed curator and builder interest.*

Morpho Powers Coinbase's New Crypto-Backed Loans

Thu 9th Jan 2025
Coinbase has launched crypto-backed loans powered by Morpho's permissionless infrastructure. Here are the key details: - US customers (excluding NY) can now borrow USDC using BTC as collateral - Loans are managed directly through the Coinbase app with instant USDC delivery - Flexible repayment terms and competitive interest rates - More collateral assets planned for future support Morpho's open infrastructure allows any financial institution to create customized lending experiences. The protocol aggregates global liquidity, enabling efficient borrowing against various assets, including yield-bearing tokens. *Users can access these services through Coinbase.com/loans or directly via app.morpho.org*
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